Filed under: GM, UAW/Unions
At 1:30PM today, Canadian Auto Workers (the Canadian counterpart to the UAW) president Buzz Hargrove gave a press conference responding to the UAW strike today against General Motors. In Hargrove’s mind, a worst case scenario could see anywhere between 80,000 and 100,000 Canadian workers unemployed as a result of the strike. Hargrove […]
Filed under: China, Crossovers/CUVs, Buick, GM, UAW/Unions
click above image to view high-res gallery of the Buick Enclave
Amidst all the fury surrounding the UAW strike today, General Motors released a statement announcing an $800 million deal with its Chinese joint-venture company to supply the Chinese market with U.S.-built vehicles and components. It’s the second such agreement […]
Filed under: GM, UAW/Unions
click above pic to view more images from the UAW strike
Despite reports that the UAW and General Motors are back at the bargaining table this afternoon, and will be indefinitely, the union appears to be preparing for what could be a lengthy strike. It’s now being reported that their brothers and sisters […]
Filed under: Plants/Manufacturing, GM, UAW/Unions
Investors and industry pundits don’t believe the UAW strike will last long, proving their belief with a slight drop of $0.20 in GM’s stock price. Widespread belief is that GM could handle a two-week halt in production without devastation to its balance sheet and recovery plan. GM’s got three months of […]
Filed under: GM, Earnings/Financials, UAW/Unions
The GM strike lasted less than 40 hours, not even two full days. For UAW president Ron Gettelfinger, however, it was just enough time to secure for his members the concessions he wanted. So which side blinked after 40 hours of staring the other down? It’s tough to tell, but the […]
Filed under: GM, UAW/Unions
This morning local UAW leaders that represent plants from around the country unanimously voted to approve the contract offered by General Motors that came at the end of a 40-hour strike by union workers this week. Official details of the contract have been revealed, and we now know that GM’s contribution to […]
